Washington (CNN) - A representative for former President Bill Clinton is confirming a report that a scheduled event featuring Clinton and former President George W. Bush has been cancelled by the two ex-presidents.

Radio City Music Hall had announced that the two former presidents were set to share the legendary venue's stage on February 25.

But the New York Post reported on Wednesday afternoon that Bush and Clinton have cancelled the event because the promoter had "overhyped" the joint appearance.

In an e-mail to CNN, Clinton spokesman Matt McKenna confirmed the New York Post's report.

Earlier, McKenna had stressed that the New York event would not be a heated debate.